Highest-materiality recent filing
Crown PropTech SPAC and Mkango Rare Earths pursue private placement to fund business combination
SPAC and MKAR conducting investor meetings for a private capital raise to support their proposed business combination.
Crown PropTech and Mkango Rare Earths amend deal terms, file F-4 for business combination
Amendment No. 2 adjusts exchange ratio, pre-closing share issuances, and sets intercompany debt-to-equity settlement.
Crown PropTech enters non-redemption agreements to preserve trust cash; extension vote March 9
Co-sponsor CIIG Management will assign 1 Class B share per 40 public shares not redeemed, accruing monthly until business combination.
Crown PropTech and Mkango extend merger deadline to Sept 30, 2026, file draft F-4
Outside Date extended from March 11, 2026 to Sept 30, 2026; auto-extends to Dec 31, 2026 if SEC not effective by Aug 14.
Crown PropTech SPAC to merge with Mkango Resources' Lancaster, creating Mkango Rare Earths
Each SPAC share converts to one PubCo ordinary share; SPAC warrants become exercisable for PubCo shares on same terms.
Lancaster (Mkango subsidiary) signs NPA for $500K BCA Note (escrowed) and $250K Form F-4 Note from CPTK sponsors.
Crown PropTech shareholders approve extension of business combination deadline to March 2026
Extension approved: new deadline to complete initial business combination is March 11, 2026 (extended from May 11, 2025).
Crown PropTech shareholders approve extension to May 2025; 1.5M shares redeemed
Shareholders approved extension of business combination deadline from Aug 11, 2024 to May 11, 2025.
EGM on Aug 9, 2024 to approve extension from Aug 11, 2024 to May 11, 2025.
Crown PropTech faces NYSE delisting; shareholders approve extension to Aug 2024
NYSE to delist CPTK for failing to combine within 3 years; trading suspended Feb 12. Company will not appeal.
Crown PropTech SPAC proposes extension to Aug 2024; offers non-redemption incentives
EGM on Feb 8 to vote on extending business combination deadline from Feb 11 to Aug 11, 2024.
Crown PropTech receives NYSE notice for late Q3 10-Q filing; has 6 months to comply
Received NYSE notice on Nov 21, 2023 for failing to timely file Q3 2023 10-Q.
Crown PropTech gets NYSE non-compliance notice for late Q1 10-Q filing; expects to file by June 5
Received NYSE notice on May 23, 2023 for failing to timely file Q1 2023 Form 10-Q.
Crown PropTech receives NYSE non-compliance notice for late 10-K filing
NYSE notice under Section 802.01E due to failure to file 2022 Form 10-K by April 17, 2023.
Crown PropTech shareholders approve extension to Feb 2024; 23.4M shares redeemed
Shareholders approved charter amendment to extend business combination deadline from Feb 11, 2023 to Feb 11, 2024.
Entered non-redemption agreements with investors assigning up to 150,000 Class B shares for agreeing not to redeem public shares.
Crown PropTech CEO resigns; co-CEOs appointed; Sponsor sells 5.66M Class B shares to CIIG
Richard Chera resigned as CEO, principal financial and accounting officer effective Jan 17, 2023; remains a director.
Brivo terminates business combination with Crown PropTech; CFO and director resign
Brivo notified Crown of termination of Business Combination Agreement on August 10, 2022; Crown alleges breach and will pursue remedies.
Key PIPE investor Golub terminates $68M commitment for Crown-Brivo deal
Golub Capital terminated its $68M Subscription Agreement on July 11, 2022, as deal not closed by July 9.
Crown PropTech restates financials due to equity classification error; prior reports not reliable
All Class A shares reclassified from permanent to temporary equity because redemption events outside company control.
Crown PropTech to combine with Brivo in SPAC merger at $800M equity value
Implied equity value of $800M; $10 per share reference price for New Brivo common stock.
Brivo to go public via SPAC merger with Crown at $808M enterprise value
Merger values Brivo at $808M enterprise value; existing Brivo shareholders roll 100% of equity for 69% ownership.
Michael Minnick, 57, the Company’s Chief Executive Officer, will assume the role of principal financial and accounting officer of the Company effective upon Mr. Cuneo’s resignation.
On February 15, 2024, Gavin Cuneo notified Crown PropTech Acquisitions (the “ Company ”) of his decision to resign as the co-chief executive officer of the Company, effective immediately.
On May 8, 2023, the Board of Directors (the “Board”) of Crown PropTech Acquisitions (the “Company”) elected Chris Rogers, age 64, as a member of the Board, chair of the audit committee of the Board (the “Audit Committee”), a member of the nominating and corporate governance committee of the Board (the “Nominating and Corporate Governance Committee”), and a member of the compensation committee of the Board (the “Compensation Committee”), effective immediately.
On May 5, 2023, Frits van Paasschen, a member of the Board and chair of the Audit Committee, chair of the Nominating and Corporate Governance Committee, and a member of the Compensation Committee, notified the Board of his resignation from the Board, effective upon the acceptance by the Board, which the Board accepted on May 8, 2023, following Mr. Rogers’ appointment.
On January 17, 2023, Richard Chera informed Crown PropTech Acquisitions (the “Company”) of his decision to resign as Chief Executive Officer (“CEO”) of the Company, effective immediately.
On January 17, 2023, the board of directors of the Company appointed Mr. Gavin Cuneo and Mr. Michael Minnick as co-CEOs of the Company, effective immediately.
On January 17, 2023, the board of directors of the Company appointed Mr. Gavin Cuneo and Mr. Michael Minnick as co-CEOs of the Company, effective immediately.
On August 12, 2022, Dr. Pius Sprenger, Crown's Chief Financial Officer and a member of the board of directors of Crown (the “Board”) notified the Board of his resignation from the Board and from his role as Chief Financial Officer of Crown, effective immediately.
On August 12, 2022, Dr. Martin Enderle, a member of the Board and chair of the audit committee, notified the Board of his resignation from the Board, effective immediately.
Max materiality 0.85 · Median 0.60 · Most common event other_material